Business
Moore: Biden Wants to ‘Decapitate’ The American Energy Industry
In a recent op-ed for Fox Business, Stephen Moore, a senior fellow at the Heritage Foundation and an economic consultant with FreedomWorks, said Joe Biden wants to “decapitate” the American energy industry, while also claiming that won’t.
Moore said Biden can’t help but contradict himself, as “he's older; he loses his train of thought; he can't be expected to remember his latest official position on fracking every week.”
Moore also mentioned during a recent stop in Pennsylvania, Biden has said we wouldn’t ban fracking.
“I am not banning fracking. Let me say that again. I am not banning fracking. No matter how many times Donald Trump lies about me,” said Biden.
Yet during the Democratic primary debate, Senator Bernie Sanders said “I'm talking about stopping fracking as soon as we possibly can. I'm talking about telling the fossil fuel industry that they are going to stop destroying this planet — no ifs, buts and maybes about it.”
Biden’s response?
“So am I.”
Biden Retracts
Moore said this forced the Biden campaign to issue a retraction. Biden didn’t mean to say that. However, his “Made in America” plan clearly doesn’t leave room for fracking as a source of energy.
“But what is unambiguous and in big, bold writing in the Biden ‘buy America' plan is his signature pledge to the climate change crusaders to end fossil fuel use in America by 2035. This, of course, is a de facto ban on fracking, because if we aren't going to use the energy, why would anyone drill for it?”
Biden’s zero-carbon emissions target by 2035, only 15 years away, requires no fossil fuel production. It also requires no fossil fuel consumption 15 years from now.
Currently, we get about 80% of our energy from fossil fuels according to Daniel Yergin, a world expert on energy.
Fossil Fuels and Blue-Collar Jobs
Moore says cutting out this major source of energy would be a “gut-wrenching experience for blue-collar workers.”
“The oil, gas and coal industry accounts for somewhere between 5 and 10 million jobs, depending on how you count them. These are almost all high-paying blue-collar jobs — the kind that Biden laughingly says he wants to bring back home to America — and hundreds of thousands of them are in battleground states such as Ohio, Pennsylvania and Colorado.”
We’ve become world leaders in energy production because of the hard-working fracking industry.
“Oil and gas IS made in America now, thanks, in no small part, to President Donald Trump's all-in strategy of making the USA energy dominant,” said Moore, adding that Joe Biden’s plan would make us reliant on China, Russia and Saudi Arabia for our energy needs.
“So, Biden is telling us we are going to bring jobs back home by decapitating our energy industry. Wind and solar account for about 5% of our energy consumption today, so even if we double their output, we still need to have access to other energy. Under the Biden plan, it sure looks like we will have to get it from Russia, Saudi Arabia and even China, which is planning to build hundreds of coal plants over the next decade.”
China Doesn't Care
Moore says China doesn’t care about climate change, only overthrowing America as a global leader.
“The leaders of Beijing could care less about climate change. What they do care about is global economic domination by knocking America off our pedestal.”
Joe Biden’s “Made In America” energy plan will help them do just that.
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